US oil companies saw a boost on Wall Street early Monday, following the United States removal of Venezuelas leader, as the market reopened after the holiday season and geared up for important employment figures.
During initial trading, both Chevron and ConocoPhillips rose by more than 4 per cent, while ExxonMobil rose by 2.1 per cent. These increases contributed to a rise in major indices, with the Dow Jones Industrial Average climbing 1.1 per cent to 48,903.76.
The S P 500, a broader index, gained 0.6 per cent to 6,895.94, and the tech-heavy Nasdaq Composite Index also advanced 0.6 per cent to 23,381.70.
